JD Sports Fashion (LON:JD – Get Rating) had its target price hoisted by research analysts at Royal Bank of Canada from GBX 150 ($1.83) to GBX 185 ($2.26) in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 17.83% from the stock’s current price.
Several other brokerages have also weighed in on JD. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a report on Monday, December 19th. Credit Suisse Group restated an “outperform” rating and issued a GBX 190 ($2.32) target price on shares of JD Sports Fashion in a research note on Monday, September 26th. Deutsche Bank Aktiengesellschaft cut their target price on JD Sports Fashion from GBX 735 ($8.97) to GBX 630 ($7.69) and set a “buy” rating for the company in a research note on Thursday, October 27th. Finally, Barclays restated an “overweight” rating and issued a GBX 185 ($2.26) target price on shares of JD Sports Fashion in a research note on Monday, January 16th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 261.43 ($3.19).
JD Sports Fashion Trading Up 2.8 %
Shares of JD opened at GBX 157 ($1.92) on Thursday. The business has a 50-day moving average of GBX 128.86 and a 200 day moving average of GBX 120.69. JD Sports Fashion has a fifty-two week low of GBX 88.40 ($1.08) and a fifty-two week high of GBX 229.40 ($2.80). The firm has a market cap of £8.10 billion and a P/E ratio of 2,545.83. The company has a debt-to-equity ratio of 91.09, a quick ratio of 0.71 and a current ratio of 1.50.
About JD Sports Fashion
JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, watches, jewellery, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.
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